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ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) is a highly specialized life sciences company headquartered in Victoria, BC, Canada. Renowned for its custom antibody development and immunology services, the company has amassed over two decades of experience, serving a diverse clientele that spans research agencies, universities, biotechnology firms, and pharmaceutical companies worldwide.
At the core of ImmunoPrecise's operations is its commitment to advancing antibody development through cutting-edge techniques. These innovations include single-step cloning, rapid prime immunization strategies, and recombinant monoclonal technology. The company recently announced the launch of ImmunoProtect™, a service designed to determine the DNA sequence of monoclonal antibodies (mAbs), ensuring the highest level of precision and reliability for their clients’ research needs.
ImmunoPrecise operates in three major geographical areas: the United States, Canada, and Europe, with Europe being the primary revenue generator. The company's mission is supported by its subsidiary, BioStrand, which is making significant strides with its patented HYFT® Technology. This technology powers BioStrand's Foundation AI Model, combining Large Language Models (LLMs) with HYFT® fingerprints to analyze the language of proteins, paving the way for breakthroughs in antibody drug development and precision medicine.
BioStrand's AI-driven platform excels at mapping genetic, structural, and functional data, providing comprehensive insights into genes, proteins, and biological pathways. By leveraging these capabilities, BioStrand addresses critical gaps in understanding protein function and structure, crucial for drug discovery and synthetic biology. The platform’s advanced epitope binning algorithm further enhances the ability to categorize monoclonal antibodies, streamlining the early stages of antibody discovery.
InterSystems, a leading data technology provider, recently partnered with ImmunoPrecise to integrate its Vector Search feature with BioStrand's LENSai™ platform. This collaboration promises to revolutionize AI-powered solutions in healthcare and life sciences by enabling more precise data analysis and faster identification of novel therapeutic targets.
ImmunoPrecise's financial health is buoyed by consistent growth and a robust pipeline of successful projects, including the completion of 135 memory B cell programs since 2019. The company is well-positioned to continue leading the industry, with AI as a cornerstone of its operations. With the global AI healthcare market projected to reach $187.95 billion by 2030, ImmunoPrecise is at the forefront of this transformation, driving scientific advancements and improving patient outcomes through innovative solutions.
ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) is set to present at the Benchmark Company’s Discovery One-on-One Virtual Video Investor Conference on December 2, 2021. The conference aims to showcase dynamic publicly traded micro-cap companies. The Benchmark Company, founded in 1988 and headquartered in New York City, provides a full suite of investment banking and brokerage services. ImmunoPrecise focuses on antibody discovery, offering services to optimize genetic diversity and epitope coverage for disease targets.
ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) announces the resignation of Board member Paul Andreola, effective immediately, for personal reasons unrelated to the company. Andreola has been with the Board since 2018 and will not seek re-election at the upcoming annual general meeting. Jennifer Bath, CEO, expressed gratitude for his contributions, while Andreola remains optimistic about the company's future and intends to support it as a shareholder. The company focuses on novel antibody discovery and developing tailored solutions for diverse disease targets.
ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) has entered into an At-The-Market Distribution Agreement with H.C. Wainwright & Co., allowing for the sale of common shares worth up to US$50 million. This Offering will be conducted under Rule 415 and is aimed at providing funds for the company's growth, working capital, and general corporate purposes. The shares will be sold at market prices, and the TSXV has approved the listing of those shares. The ATM Agreement may not guarantee sales and is subject to market conditions.
ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) and Pierre Fabre have announced a multi-year research collaboration aimed at developing therapeutic antibodies for up to nine oncology targets. This strategic partnership combines IPA's advanced antibody technologies with Pierre Fabre's expertise in immuno-oncology, enhancing Talem Therapeutics' portfolio. The collaboration includes joint ownership of developed antibodies, with options for licensing, and potential future payments for Talem. Both companies aim to address critical medical needs in cancer treatment.
ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) reported a 22% increase in first quarter fiscal 2022 revenues, totaling
ImmunoPrecise Antibodies Ltd. (IPA) has received a three-year approval for the "Crédit d'Impôt Recherche" (CIR) from the French Ministry of Higher Education and Research for its Oss facility in the Netherlands. This initiative offers R&D tax credits to eligible French companies engaging with IPA Europe. The CIR allows for a 30% credit on R&D expenses up to €100 million and 20% for eligible innovation expenses for SMEs up to €400,000. This accreditation enhances IPA’s appeal in Europe as it provides tax relief to French partners for R&D activities.
ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) announced its participation in the H.C. Wainwright 22nd Annual Global Investment Conference, scheduled for September 13-15, 2021. CEO Jennifer Bath will present an overview of the company's activities and engage in one-on-one meetings with institutional investors. The event will be held virtually, and interested investors can register online to attend the presentation on September 10 at 6:00 PM (EDT). ImmunoPrecise aims to revolutionize antibody discovery through innovative technology and comprehensive services.
ImmunoPrecise Antibodies Ltd. (IPA) announced its participation in the H.C. Wainwright Annual Global Investment Conference from September 13-15, 2021. CEO Jennifer Bath will present the company's business overview and engage in one-on-one meetings with registered investors. The virtual conference serves as a platform for corporate finance and strategic advisory, with H.C. Wainwright being ranked the #1 Placement Agent since 1998. ImmunoPrecise aims to revolutionize antibody discovery through a comprehensive suite of services.
ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) will host an earnings conference call on September 9, 2021, at 4:30 p.m. ET to discuss its Q1 fiscal year 2022 financial results and business highlights. The call follows a press release of the financial results issued prior to the meeting. Investors can submit questions to the company’s investor relations. The call will be accessible via webcast and phone, reinforcing the company's commitment to investor communication and transparency.
ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) has announced the promotion of Dr. Barry Duplantis to VP of Client Relations and the appointment of Ms. Carla Dahl as VP of Marketing. Dr. Duplantis, with extensive experience in therapeutic antibody campaigns, aims to lead the client relations team and enhance the company's sales lifecycle. Ms. Dahl, bringing over 25 years of experience in marketing, will focus on brand amplification and targeted campaigns to drive revenue. Dr. Jennifer Bath, CEO, expressed confidence in their potential to accelerate the company's growth in North America, Asia, and Europe.
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